In the affluent world we have had capitalism in one form or another for a couple of centuries. That is how countries of the West became "the affluent… - Johan Norberg

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In the affluent world we have had capitalism in one form or another for a couple of centuries. That is how countries of the West became "the affluent world." Capitalism has given people both the liberty and the incentive to create, produce, and trade, thereby generating preosperity.

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About Johan Norberg

Johan Norberg (born 1973) is a Swedish writer devoted to promoting globalisation and individual liberty.

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Now it happens to have been the Social Democrats who have regimented the important institutions in society, but it would have been dangerous whichever party it had been. Development and diversity depend on independent initiatives and competition. When everyone thinks alike not much gets thought.

As a result of this continuous improvement of productivity through the division of labor and technical advancement, one hour's labor today is worth about 25 times more than it was in the mid-19th century [....] Growth and productivity alone are capable of raising real wages in the long run.

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